You will not see, in my career, the kind of returns this industry had in 2005 and 2006 for a very simple reason - the banks were undercapitalized, and returns are a function of earnings and capital. — James P. Gorman Copy Share Image
I think anybody who says they don't care about being liked is lying. I care if my dog waves its tail when I come… — James P. Gorman Copy Share Image
Supply and demand eventually rebalance. We've seen this again and again and again. — James P. Gorman Copy Share Image
I'm one of 10 children, and all my brothers call me Jim. And all my sisters... well, they call me something even more affectionate.… — James P. Gorman Copy Share Image
If you consider the contribution of plumbing to human life, the other sciences fade into insignificance. — James P. Gorman Copy Share Image
The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization… — James P. Gorman Copy Share Image
To enable large U.S. banks to support their clients better, the Volcker rule should be clarified. — James P. Gorman Copy Share Image
If you underperform for your owners, eventually they pick up their bat and ball and go home. — James P. Gorman Copy Share Image
That is what made America great: that everyone had the opportunity to be a winner. And I think it's still there. I'm certainly a… — James P. Gorman Copy Share Image
Cats don't bark and act brave when they see something small in fur or feathers, they kill it. Dogs tend to bravado. They're braggarts.… — James P. Gorman Copy Share Image
Every now and then, markets behave like schoolchildren. They overreact, they run around like crazy. — James P. Gorman Copy Share Image
I'm not that interested in just being around powerful people for the sake of it. — James P. Gorman Copy Share Image
Flyfishing, which has a vaguely mystical aura, is a lot like work. I'm a frenetic flyfisherman. I wade up and down streams, looking for… — James P. Gorman Copy Share Image
